On November 21, the Spanish electricity system recorded the largest contribution of GWh of wind energy in a single day, up to 434 GWh, half of the entire national production for that day. The demand for electricity in Spain fell by 0.4% in November.National electricity demand in November fell by 0.4% compared to the same … Continue reading During the month of November, renewables generated 50.8%, with wind power being the leading technology in Spain’s mix
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American Clean Energy Breaks Records, Largest Q3 Ever
The American Clean Power Association (ACP) today released its latest Clean Power Quarterly Market Report, detailing a surge in clean energy deployment during Q3 2024, with 10.2 GW of clean energy capacity coming online. This record-setting quarter positions the industry to achieve a historic year in 2024, underscoring the strength of American clean power. Year-to-date … Continue reading American Clean Energy Breaks Records, Largest Q3 Ever
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What does a second Trump term mean for US photovoltaic solar?
A second Donald Trump presidency will have a big impact on the energy transition. The Biden administration’s landmark climate bill the Inflation Reduction Act had incentives for domestic solar manufacturing and installations. Tearing up the act could slow down the exponential growth in the sector. Sylvia Martinez is a principal analyst at Wood Mackenzie. She’s … Continue reading What does a second Trump term mean for US photovoltaic solar?
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Decline in wind energy allows gas to push European electricity markets above €100/MWh in the last week of November
In the last week of November, prices in most major European electricity markets increased and registered weekly averages above €100/MWh. The main causes of this increase were lower wind energy production and higher gas prices. Solar photovoltaic energy production was higher than the previous week and reached the second highest value for a November day … Continue reading Decline in wind energy allows gas to push European electricity markets above €100/MWh in the last week of November
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Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Photovoltaic Solar Project in Oregon
Developed by Avangrid and now under construction, the Tower Solar project will deliver energy to Portland General Electric’s Green Future Impact program, creating over 200 jobs and local economic benefits to Morrow County. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE: POR), … Continue reading Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Photovoltaic Solar Project in Oregon
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Türkiye to invest $10B in energy storage to boost wind power and photovoltaic solar energy
Türkiye is making significant strides toward its 2053 net-zero carbon emissions goal by ramping up investments in energy storage systems according to Türkiye daily. The Energy Market Regulatory Authority (EMRA) approved a 35-gigawatt-hour (GWh) capacity allocation for grid-scale storage projects, with an estimated investment of $10 billion. Timeline: Energy storage investments will gain speed by … Continue reading Türkiye to invest $10B in energy storage to boost wind power and photovoltaic solar energy
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Photovoltaic installations are extensively deployed in areas at risk of extremely low production
Photovoltaic (PV) installations have rapidly and extensively been deployed worldwide as a promising alternative renewable energy source. However, weather anomalies could expose them to challenges in supply security by causing very low power production. Using reanalysis weather data from 1986 to 2021 and a high-resolution global inventory of PV installations, we assess the impact of … Continue reading Photovoltaic installations are extensively deployed in areas at risk of extremely low production
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Naturgy secures AUD 2.3 billion in financing to boost development of its photovoltaic and wind energy portfolio in Australia
The group, through its international subsidiary Global Power Generation, has signed a financing line that will allow it to strengthen its liquidity and, at the same time, provide a financing platform to support GPG’s growth in Australia. GPG closes 2024 with a portfolio of 1 GW of projects in operation, to which 360 MW under … Continue reading Naturgy secures AUD 2.3 billion in financing to boost development of its photovoltaic and wind energy portfolio in Australia
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Chinese photovoltaic (PV) module exports up 5% month-on-month despite declines in Americas and Middle East
China exported 17.34 GW of modules in October, up nearly 5% MoM from 16.53 GW and up 5% YoY from 16.45 GW, according to InfoLink’s customs data. China exported 204.11 GW of modules from January to October, up 17% YoY from 174.11 GW. In October, the top five largest markets importing Chinese modules were, in … Continue reading Chinese photovoltaic (PV) module exports up 5% month-on-month despite declines in Americas and Middle East
Continue readingUS photovoltaics (PV) on track for record 32 GW installations in 2024
Sunny times ahead for US PV as installation is projected to reach 32 GW in 2024.The US renewable energy sector is expected to end 2024 on a high as a new industry report projects a massive 32 GW of photovoltaic (PV) installation for the year, according to data released by the American Clean Power Association … Continue reading US photovoltaics (PV) on track for record 32 GW installations in 2024
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Iran’s photovoltaic and wind power plants’ capacity reaches 1,317 MW
Iran’s renewable power capacity has reached 1,317 megawatts (MW), according to the latest data from the country’s Renewable energy and Energy Efficiency Organization (SATBA). Of this total, photovoltaic solar power plants contribute the largest share at 60 percent, equivalent to 608.03 MW, while wind power plants account for 29 percent, or 376.3 MW. Small hydropower … Continue reading Iran’s photovoltaic and wind power plants’ capacity reaches 1,317 MW
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Potential tariffs from US could hinder its photovoltaic sector
US trade officials announced on Friday a preliminary decision to set a new round of tariffs on solar panel imports from four Southeast Asian nations, with calculated dumping duties of between 21.31 and 271.2 percent, depending on the company, on solar cells from Cambodia, Malaysia, Thailand and Vietnam, Reuters reported. If these preliminary rates are … Continue reading Potential tariffs from US could hinder its photovoltaic sector
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Moquegua in Peru is preparing to have one of the largest photovoltaic solar power plants in South America with 468 MW
The choice of Moquegua for the Kallpa Pampa Salinas I and II photovoltaic (PV) complex, with a combined capacity of 468 MW, is not a coincidence. The region has been identified as one of the most promising for developing solar photovoltaic energy projects in Peru, thanks to its high radiation and favorable climatic conditions. The … Continue reading Moquegua in Peru is preparing to have one of the largest photovoltaic solar power plants in South America with 468 MW
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PERC, TOPCon and HJT photovoltaic (PV) modules record lows in the international market
The data is part of the new InfoLink Consulting newsletter, which monitors the global costs of the photovoltaic chain on a weekly basis.The prices of Mono PERC, bifacial N-Type TOPCon and HJT (heterojunction) photovoltaic modules sold by China in the international market registered new falls in November 2024, consolidating a year of significant reductions in … Continue reading PERC, TOPCon and HJT photovoltaic (PV) modules record lows in the international market
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Pakistan’s surprise photovoltaic solar surge shocks experts and grid
Pakistan has grown its photovoltaic solar energy capacity by an astounding amount in a remarkably short space of time. The shock surge has given residents the power to survive blackouts, but it threatens to disrupt the grid. A solar surge has reached new heights in Pakistan, sparking what some experts are calling one of the … Continue reading Pakistan’s surprise photovoltaic solar surge shocks experts and grid
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US sets tariffs on photovoltaic from Southeast Asian countries
US trade officials on Friday announced a new round of tariffs on imports of photovoltaic (PV) solar panels from four Southeast Asian countries after American manufacturers complained that companies from those countries are flooding the market with unfairly cheap products.It is the second of two preliminary decisions President Joe Biden’s Commerce Department is making this … Continue reading US sets tariffs on photovoltaic from Southeast Asian countries
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Germany to add 17.5 GW of photovoltaic in 2024
The Federal Association of Energy and Water Industries (BDEW) expects that 17.5 GW of new photovoltaic capacity will be installed across Germany in 2024, reaching a new record level. In comparison, 15.3 GW of photovoltaic (PV) facilities were connected to the grid in 2023, the association said on Wednesday. “The continuous increase in photovoltaic expansion … Continue reading Germany to add 17.5 GW of photovoltaic in 2024
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Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing ones. Upon completion, the project is expected to generate green energy equivalent to the approximate average … Continue reading Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
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India to add 22.4 GW photovoltaic capacity in 2024
India is on track to install 22.4GW of new solar photovoltaic generation capacity in 2024 according to energy consultancy firm JMK Research. Data in JMK’s Q3 2024 renewable energy update showed that India installed around 13.2GW of new utility-scale photovoltaic capacity from January to September this year, a roughly 161% increase on the same period … Continue reading India to add 22.4 GW photovoltaic capacity in 2024
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EWEC announces start of construction on 1.5 GW Al Ajban solar photovoltaic project in Abu Dhabi
The IPP project is scheduled to start commercial operations in Q3 2026. Al Ajban Solar PV is EWEC’s third utility-scale solar PV plant in Abu Dhabi.EWEC (Emirates Water and Electricity Company), the Abu Dhabi-based off-taker for water and power projects, has announced start of construction on the 1.5 gigawatt (GW) Al Ajban Solar Photovoltaic (PV) … Continue reading EWEC announces start of construction on 1.5 GW Al Ajban solar photovoltaic project in Abu Dhabi
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